Public Storage (PSA) Misses Q2 EPS by 21c, Revenues Beat

Public Storage (NYSE: PSA) reported Q2 EPS of $1.41, $0.21 worse than the analyst estimate of $1.62. Revenue for the quarter came in at $709.29 million versus the consensus estimate of $707.82 million.

Comment by CEO

“We are proud of the way our employees, customers, and business partners have come together,” said Joe Russell, Chief Executive Officer. “I want to thank all Public Storage employees for their extraordinary efforts in keeping our more than 2,500 self-storage properties open for customers throughout the pandemic. We are committed to health and safety as we continue to support our customers and communities through difficult times.”

For earnings history and earnings-related data on Public Storage (PSA) click here.

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